Equities in Emerging Sectors: India’s equity market, particularly in emerging sectors, has seen remarkable success stories. Much citied examples are Reliance Industries, and Infosys, have consistently rewarded its shareholders in past few decades but there are other companies as well who have given multi-bagger returns in last 5 yearseg.MindTree (More than 700%) (, RadicoKaithan (more than 750%), Tanfac Industry (more than 700%). These examples showcase the high-growth potential in Indian equities, when picked up with detail study in background.
This government supported entity
has a strong regional presence, presents a diverse service portfolio, and it
working actively on digitization of its services, which is expected to be a
game changer, in service delivery and revenue generation. The current quarter
to quarter revenue growth is approx 21%. Company pays dividend yield of 1.11%
and exhibits ROCE of 5.26%, suggesting efficient use of capital, crucial for
generating investor returns. The CMP on Dec 25 2023 is around 43 and is
expected to touch levels of 52 ( potential of 20%) in six to eight months. If
the stock goes down it is good to be bought at 1/3rd of planned investment at
INR 40 levels and 1/3rd at INR 35.55 levels [In this case selling them at 52
levels will give 30% or higher returns, within a year.